Tag Archives: william hill

5 conclusions from Ladbrokes’ performance woes

bettingexpert.com Racing editor Stephen Harris digests the latest Ladbrokes woes and identifies five implications for the industry. The headlines in the press said it all last week as the beleaguered bookmaker suffered yet another dire set of results, particularly when compared with William Hill, Paddy Power and Bet365. But what do these shocking figures mean for the industry as a …

Read More »

Betdigital gets UK licence

Content and systems developer Betdigital has been awarded its Remote Gambling Software Operating Licence by the UK Gambling Commission. Betdigital joins a select few suppliers that have the necessary licensing to meet the terms of the new Gambling (Licensing and Advertising) Act ahead of October’s introduction. The Act demands operators who provide remote gambling services to British consumers to acquire …

Read More »

William Hill partners with Southampton FC

William Hill have continued the summer trend of sports betting operators partnering with English Premier League football clubs, by agreeing partnership terms Southampton FC to become the football clubs official betting partners. The William Hill brand will be promoted throughout Southampton FC’s St Marys stadium and will be a further promoted on the Football Clubs digital inventory. Gareth Rogers, Chief …

Read More »

William Hill takes on record political wager

A William Hill customer has gambled £600,000 on a NO vote in the upcoming Scottish Independence Referendum. The company said the punter staked a record political bet of £400,000 in June, when the odds were 1/4, but has since returned to the same Hill’s branch in Surrey and added an extra £200,000 to his wager, this time at odds of 1/6. He stands …

Read More »

William Hill ‘well-positioned’ for point of consumption tax

New William Hill CEO James Henderson believes that the UK’s biggest bookmaker is well placed ahead of the introduction of the point of consumption licensing later this year. Speaking at the firm’s interim results, Henderson was quite bullish about Hill’s position, certainly compared to some of its competitors. He commented: “I think the numbers are strong. The underlying growth, even …

Read More »

Numis Corp Suggests William Hill & Paddy Power Merger

Financial Stock brokers and corporate advisors Numis Corp have suggested that William Hill and Paddy Power explore a potential merger. A Numis Corp statement on Tuesdays London fianancial trading, indicated that the conditions in the sports betting and gambling market, could see the potential merger of Paddy Power and William Hill. “This would create a much more attractive investment than …

Read More »

Analyst cautious ahead of William Hill interims

An industry analysts is being cautious on the performance of  William Hill ahead of the bookmaker’s interim results on Friday. Nicholas Batram of Peel Hunt said that he expects first-half EBITA to fall to around £172.1 million, largely due to retail’s poor performance. Given the industry has struggled in the first half of the year, with sporting results favouring the …

Read More »